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Posts Tagged ‘financial planning for startups’

Startup Financial Audits: Why, When, and How

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Having anyone with the title of “auditor” poke into your startup’s finances is a scenario that instills fear and terror in the hearts and minds of many entrepreneurs. And yet, getting an audit is a practical and effective way for startups to review their financial books and make sure the business is compliant with accounting…

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Startups & Financial Models and Plans: Why They Are Important

Red line financial Graphs

According to the Small Business Administration, the federal organ that provides support to entrepreneurs and small businesses, about 20 percent of new businesses survive their first year while around half of them shut down after hitting the five-year mark with only one-third making it to their 10th anniversary. These are alarming statistics that can instill…

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